Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a production process makes 5 0 0 0 units that sell for $ 4 each using a labor pool of 4 employees each working

If a production process makes 5000 units that sell for $4 each using a labor pool of 4 employees each working for 6 hours and making $12 per hour, which answer best describes the productivity measure?
$69.44 revenue per labor $
0.0144 unites per minute
$0.0144 revenue per unit
69.44 units per labor dollar
$0.833 per unit of revenue
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management and Competitive Advantage Concepts and Cases

Authors: Jay B. Barney, William Hesterly

5th edition

133129306, 0133127400, 9780133129304, 978-0133127409

More Books

Students also viewed these General Management questions